Form 4 for PAL Proficient Auto Logistics, Inc
Accepted 2025-05-15 00:00:00 ET · period of report 2025-05-13 · accession 0001213900-25-044505 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-05-15 | 2025-05-13 | PAL | ODELL RICHARD D | CEO, Dir | M - OptEx | $0.00 | +161.7K | 900.5K | +22% | $0 |
| D | 2025-05-15 | 2025-05-15 | PAL | ODELL RICHARD D | CEO, Dir | S - Sale+OE | $8.15 | -15.0K | 885.5K | -2% | -$122.2K |
| D | 2025-05-15 | 2025-05-13 | PAL | ODELL RICHARD D | CEO, Dir | M - OptEx | $0.00 | +161.7K | 646.7K | +33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-05-13 | M | A | 161,670 | $0.00 | 900,472 | D | — | — | |
| 2 | Common | Common Stock | 2025-05-15 | S | D | 15,000 | $8.15 | 885,472 | D | — | — | (F1) This transaction represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. (F2) This transaction was executed in multiple trades at prices ranging from $8.15 to $8.21. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. |
| 3 | Derivative | Restricted Stock Units | 2025-05-13 | M | A | 161,670 | $0.00 | 646,685 | D | — · — to — | 161,670 Common Stock | (F3) On May 13, 2024, the Reporting Person was awarded 808,355 restricted stock units that vest in equal installments on each of May 13, 2025, 2026, 2027, 2028 and 2029. These restricted stock units convert into common stock on a one-for-one basis. |